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Sonic Automotive

Finance Manager - Long Beach BMW

Sonic Automotive, Long Beach, California, us, 90899

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Overview Finance Manager - Long Beach BMW in Long Beach, CA at Sonic Automotive

Location:

1660 East Spring Street, Long Beach, CA 90806

Job Type:

Sales

Experience:

Mid-Senior Level

About Long Beach BMW is a Sonic Automotive Dealership.

Sonic Automotive is a Fortune 500 company that is transforming the way people shop for, buy and service their vehicles. Our talented team work together to ensure we provide an experience unmatched by our competitors.

Salary:

Average is $300,000 - $340,000 / year

Why work with us

We boast the lowest turnover in the industry.

We provide award winning training (Training Magazine Top 125, and Brandon Hall Awards).

We are committed to developing and promoting within the company.

We are technology based - most jobs use IPads or iPhones that we provide.

Our benefits are extremely competitive with Medical, dental, vision, HSA, 401k and PTO.

We encourage peer to peer teamwork and recognition.

Special benefits to purchasing and leasing a car.

Personal Automotive Concierge Service.

If you want to find out more about the types of jobs we have here, we've highlighted a few.

We're proud of what we're doing here. Come and join us!

(The Finance Manager Position has a Pay Scale consisting of the following elements and ranges. Wages include Base Hourly Compensation of between $15.50 and $17.05. The position may also pay commission compensation which is based on the value or amount of closed sales achieved from $0.00 (if no sales are made) without any upper limit other than sales performance. The position also may also pay a production bonus based on individual or team performance that may range from $0.00 (if baseline benchmarks are not met) without any fixed upper limit.)

Job Description Finance Manager

ensures that the dealership meets its unit sales quotas and its gross objectives on a daily, monthly, and yearly basis. They are also responsible for producing additional revenue for the dealership by selling finance and insurance products to customers.

Responsibilities

Make a monthly projection of the vehicle requirements by department for the immediate 90-day sales period

Determine monthly and yearly forecasts in terms of unit sales, gross profit objectives, and departmental profits

Sell financing and other finance and insurance products to customers

Sell Extended Warranties and all other aftermarket items

Establish and maintain good working relationships with several finance sources, factory and otherwise

Submit paperwork to and obtain approval from finance sources on all finance deals

Meet with each salesperson as early as possible every day to review yesterday’s results and today’s plan of action

Conduct sales meetings

Facilitate pre-delivery with the Service Manager

Provide on the job training for salespeople

Handle all rate quotations

Check all paperwork for correct title, lien information, taxes, etc. Establish and meet monthly objectives

Log in sales income. Verify insurance with customers’ agents, obtain deposits, verify trade payoffs

Follow all company safety policies and procedures, and report any accidents

Qualifications

High school diploma or the equivalent

Ability to read and comprehend instructions and information

Degree or commensurate experience in finance

Knowledge of dealership finance and insurance procedures

Previous professional sales experience

Computer knowledge preferred

Professional personal appearance

All applicants must be authorized to work in the USA

All applicants must perform duties and responsibilities in a safe manner

All applicants must be able to demonstrate ability to pass pre-employment testing to include background checks, MVR, drug test, credit report, and valid driver license

All your information will be kept confidential according to EEO guidelines.

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